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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Comment by Kelvinon Sep 20, 2024 6:00pm
40 Views
Post# 36234079

RE:RE:RE:RE:RE:RE:No support

RE:RE:RE:RE:RE:RE:No support Frank, well I'm reading that a lot of the options writers are big finsncial institutions that mske money on collecting premiums on unexercised options that expire. So ii's in their best interests to have a lot of unexercised options expire. But I'm still learning about this options stuff. Got a friend, just turned 40, millionaire aleady. Million plus home paid off too. He did the math. He doesn't play the options game, but he's glued to it's action.

Yeah fec is probablly book value over #20 but for some reason investors aren't too excited about it. Petro, the pres, just broke off talks with the ELN guerrilla insurgents. Colombia bracing for a "tsunami" of attacks on pipelines, infrastructure. Maybe fec is trading at steep discount because of security concerns.
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